{ "ticker": { "uuid": "2ad3d7c8-f58a-4f85-83dc-fdfcb8099f6f", "symbol": "600928", "name": "Bank of Xi'an Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 92.281, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -17.004, "architecture_energy": 22.94, "architecture_maturity": 100.0, "architecture_confidence": 64.636, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 53.72, "rotation_up": 43.36, "upward_expansion": 26.55, "deceleration": 41.17, "rotation_down": 16.47, "downward_expansion": 46.88 }, "activity_lines": [ 3.566, 3.493644, 3.500948, 3.539501 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 3.53, "trend_reference": 3.594762, "distance_from_trend": -0.018016, "trend_direction": "Weakening", "fair_value": 3.529157, "distance_from_fair_value": 0.000239, "fair_value_direction": "Weakening", "relative_strength": -5.083971, "relative_strength_direction": "Improving", "price_momentum": -0.058667, "excess_performance": -0.015463, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.018016, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.035049, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.000239, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.028189, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.05084, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.085047, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.058667, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.886759, "read": "Supply-led" } ], "volume": { "latest": 127105364, "relative_activity": 1.305175, "balance": 0.886759, "dry_up": 1.334064, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.046998, "annualized_volatility": 0.191444, "from_high_reference": -0.225877, "from_low_reference": 0.088155 }, "levels": { "trend_reference": 3.594762, "fair_value_reference": 3.529157, "structural_low": 3.244023, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.003761, "positive_rate": 0.53125, "directional_follow_through": 0.46875, "median_excess_return": -0.002477, "regime_survival": 0.84375, "best_return": 0.226351, "worst_return": -0.08642, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.030303, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.019175, "regime_survival": 0.636364, "best_return": 0.160314, "worst_return": -0.108545, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.011331, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.025326, "regime_survival": 0.428571, "best_return": 0.216554, "worst_return": -0.143671, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.087033, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.066687, "regime_survival": 0.5, "best_return": 0.179809, "worst_return": -0.197423, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-09-27", "tenure": "Developing", "return": 0.087086, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.021563, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.057377, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": 0.023669, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.022857, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.057803, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.010782, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.018519, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-15", "tenure": "Developing", "return": -0.007197, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.051546, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-31", "tenure": "Developing", "return": -0.088993, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.062972, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": -0.018373, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-08-07", "tenure": "Extended", "return": -0.045946, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.743787, "volume": 212715206, "typical_volume": 175997785.4, "trend": 3.346107, "fair_value": 3.784972, "relative_strength": 11.949204, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.275324, "energy": 41.34087, "activity_lines": [ 3.547318, 3.493823, 3.465387, 3.413031 ] }, { "date": "2023-08-04", "close": 3.820583, "volume": 329503053, "typical_volume": 185297667.5, "trend": 3.365822, "fair_value": 3.7785, "relative_strength": 13.45648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.595392, "energy": 66.005209, "activity_lines": [ 3.656112, 3.555235, 3.505136, 3.443643 ] }, { "date": "2023-08-11", "close": 3.609395, "volume": 147444461, "typical_volume": 188082606.4, "trend": 3.379414, "fair_value": 3.771644, "relative_strength": 10.23613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.762433, "energy": 72.270994, "activity_lines": [ 3.665072, 3.5725, 3.522087, 3.459357 ] }, { "date": "2023-08-18", "close": 3.599796, "volume": 115942755, "typical_volume": 190083428.85, "trend": 3.393605, "fair_value": 3.764403, "relative_strength": 11.595971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.72477, "energy": 71.90176, "activity_lines": [ 3.657392, 3.586777, 3.536312, 3.473575 ] }, { "date": "2023-08-25", "close": 3.590196, "volume": 103958952, "typical_volume": 192892048.8, "trend": 3.405946, "fair_value": 3.757154, "relative_strength": 13.375598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.271687, "energy": 58.835023, "activity_lines": [ 3.637553, 3.598574, 3.547378, 3.486259 ] }, { "date": "2023-09-01", "close": 3.503801, "volume": 151861577, "typical_volume": 197220621.1, "trend": 3.416019, "fair_value": 3.748813, "relative_strength": 7.943251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.476072, "energy": 20.811723, "activity_lines": [ 3.581237, 3.591767, 3.547929, 3.492572 ] }, { "date": "2023-09-08", "close": 3.455804, "volume": 111673113, "typical_volume": 197276386.6, "trend": 3.423574, "fair_value": 3.740273, "relative_strength": 6.792364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.788837, "energy": 15.809029, "activity_lines": [ 3.52492, 3.572917, 3.54225, 3.495139 ] }, { "date": "2023-09-15", "close": 3.523, "volume": 93592118, "typical_volume": 197164570.1, "trend": 3.435511, "fair_value": 3.732432, "relative_strength": 8.598723, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.840689, "energy": 18.077175, "activity_lines": [ 3.51532, 3.564888, 3.541849, 3.501553 ] }, { "date": "2023-09-22", "close": 3.561398, "volume": 161516303, "typical_volume": 200175592.55, "trend": 3.445363, "fair_value": 3.725752, "relative_strength": 9.005232, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.620541, "energy": 17.196788, "activity_lines": [ 3.52428, 3.561747, 3.544142, 3.509675 ] }, { "date": "2023-09-29", "close": 3.523, "volume": 73588253, "typical_volume": 157378479.55, "trend": 3.451489, "fair_value": 3.719688, "relative_strength": 8.356651, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.694275, "energy": 14.357687, "activity_lines": [ 3.523, 3.549879, 3.542549, 3.514684 ] }, { "date": "2023-10-13", "close": 3.436604, "volume": 130044840, "typical_volume": 140485232.8, "trend": 3.456264, "fair_value": 3.712371, "relative_strength": 6.287204, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.893989, "energy": 6.311948, "activity_lines": [ 3.497401, 3.521429, 3.533689, 3.513724 ] }, { "date": "2023-10-20", "close": 3.359809, "volume": 96201414, "typical_volume": 135371760.55, "trend": 3.459703, "fair_value": 3.704776, "relative_strength": 7.347874, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.511156, "energy": 18.385028, "activity_lines": [ 3.450684, 3.484602, 3.518186, 3.507501 ] }, { "date": "2023-10-27", "close": 3.369409, "volume": 77398400, "typical_volume": 131832698.0, "trend": 3.464379, "fair_value": 3.698105, "relative_strength": 6.213056, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.033985, "energy": 29.757275, "activity_lines": [ 3.413566, 3.457898, 3.504286, 3.501675 ] }, { "date": "2023-11-03", "close": 3.321411, "volume": 90954044, "typical_volume": 124949427.7, "trend": 3.470818, "fair_value": 3.690748, "relative_strength": 4.095061, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.127163, "energy": 50.408271, "activity_lines": [ 3.370688, 3.426831, 3.486632, 3.492451 ] }, { "date": "2023-11-10", "close": 3.321411, "volume": 97931511, "typical_volume": 123005923.15, "trend": 3.477869, "fair_value": 3.682154, "relative_strength": 3.65788, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.615475, "energy": 54.579173, "activity_lines": [ 3.34381, 3.400825, 3.470111, 3.482812 ] }, { "date": "2023-11-17", "close": 3.302212, "volume": 83164404, "typical_volume": 122926571.6, "trend": 3.482752, "fair_value": 3.673705, "relative_strength": 2.361144, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.957209, "energy": 65.625129, "activity_lines": [ 3.323971, 3.376215, 3.452284, 3.47148 ] }, { "date": "2023-11-24", "close": 3.321411, "volume": 79705347, "typical_volume": 121636782.85, "trend": 3.486133, "fair_value": 3.667318, "relative_strength": 3.255847, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.371185, "energy": 60.675102, "activity_lines": [ 3.319491, 3.358762, 3.436376, 3.46107 ] }, { "date": "2023-12-01", "close": 3.273414, "volume": 70645741, "typical_volume": 119569236.7, "trend": 3.484552, "fair_value": 3.660085, "relative_strength": 1.947826, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.312379, "energy": 58.030109, "activity_lines": [ 3.301572, 3.335025, 3.416172, 3.447347 ] }, { "date": "2023-12-08", "close": 3.196618, "volume": 61596982, "typical_volume": 118371618.55, "trend": 3.473988, "fair_value": 3.652791, "relative_strength": 1.571999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.238006, "energy": 71.664205, "activity_lines": [ 3.264454, 3.301863, 3.389293, 3.42877 ] }, { "date": "2023-12-15", "close": 3.244616, "volume": 60776421, "typical_volume": 117510744.75, "trend": 3.457992, "fair_value": 3.645266, "relative_strength": 3.8878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.692914, "energy": 65.859353, "activity_lines": [ 3.251655, 3.284061, 3.368266, 3.413972 ] }, { "date": "2023-12-22", "close": 3.16782, "volume": 58645440, "typical_volume": 109807256.45, "trend": 3.444328, "fair_value": 3.636494, "relative_strength": 2.26353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.469333, "energy": 74.526967, "activity_lines": [ 3.218377, 3.257357, 3.341022, 3.395251 ] }, { "date": "2023-12-29", "close": 3.196618, "volume": 65701902, "typical_volume": 96617198.9, "trend": 3.434071, "fair_value": 3.625484, "relative_strength": 1.031981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.767312, "energy": 71.438216, "activity_lines": [ 3.203658, 3.240776, 3.319263, 3.37927 ] }, { "date": "2024-01-05", "close": 3.263814, "volume": 76365718, "typical_volume": 93063261.75, "trend": 3.42483, "fair_value": 3.616197, "relative_strength": 4.590802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.438644, "energy": 47.568676, "activity_lines": [ 3.219657, 3.239379, 3.306875, 3.368286 ] }, { "date": "2024-01-12", "close": 3.235016, "volume": 77767726, "typical_volume": 91154510.3, "trend": 3.414018, "fair_value": 3.608018, "relative_strength": 5.219223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.938082, "energy": 44.251425, "activity_lines": [ 3.226696, 3.234667, 3.29339, 3.35604 ] }, { "date": "2024-01-19", "close": 3.196618, "volume": 108241730, "typical_volume": 91368649.2, "trend": 3.406206, "fair_value": 3.59997, "relative_strength": 5.576376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.806523, "energy": 41.465968, "activity_lines": [ 3.218377, 3.224544, 3.277985, 3.342014 ] }, { "date": "2024-01-26", "close": 3.407806, "volume": 177518857, "typical_volume": 92651513.2, "trend": 3.409086, "fair_value": 3.591875, "relative_strength": 9.188078, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.330361, "energy": 15.202472, "activity_lines": [ 3.283653, 3.255088, 3.284567, 3.342117 ] }, { "date": "2024-02-02", "close": 3.148621, "volume": 169951553, "typical_volume": 95565435.2, "trend": 3.401407, "fair_value": 3.583573, "relative_strength": 7.216455, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.428598, "energy": 25.012863, "activity_lines": [ 3.246535, 3.236587, 3.266923, 3.325313 ] }, { "date": "2024-02-09", "close": 3.331011, "volume": 191971910, "typical_volume": 100484424.8, "trend": 3.398847, "fair_value": 3.576224, "relative_strength": 7.705436, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.494198, "energy": 13.395506, "activity_lines": [ 3.273414, 3.254389, 3.268111, 3.320771 ] }, { "date": "2024-02-23", "close": 3.398207, "volume": 151212047, "typical_volume": 99969212.0, "trend": 3.396607, "fair_value": 3.56963, "relative_strength": 4.534357, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.474519, "energy": 8.880526, "activity_lines": [ 3.318211, 3.283362, 3.276614, 3.32073 ] }, { "date": "2024-03-01", "close": 3.359809, "volume": 263243477, "typical_volume": 109451973.2, "trend": 3.392767, "fair_value": 3.56322, "relative_strength": 2.363866, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.847378, "energy": 8.65635, "activity_lines": [ 3.33933, 3.301689, 3.282236, 3.318356 ] }, { "date": "2024-03-08", "close": 3.34061, "volume": 128516178, "typical_volume": 109375540.1, "trend": 3.379328, "fair_value": 3.555825, "relative_strength": 0.970177, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.350552, "energy": 12.024378, "activity_lines": [ 3.34317, 3.31443, 3.286807, 3.314991 ] }, { "date": "2024-03-15", "close": 3.350209, "volume": 113260406, "typical_volume": 110228489.7, "trend": 3.363649, "fair_value": 3.549138, "relative_strength": 0.807763, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.039689, "energy": 12.129328, "activity_lines": [ 3.354689, 3.325774, 3.29275, 3.313112 ] }, { "date": "2024-03-22", "close": 3.311812, "volume": 92274765, "typical_volume": 110972307.95, "trend": 3.353729, "fair_value": 3.541236, "relative_strength": -0.249804, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.836366, "energy": 8.24111, "activity_lines": [ 3.33997, 3.327345, 3.295081, 3.309768 ] }, { "date": "2024-03-29", "close": 3.254215, "volume": 88089164, "typical_volume": 110829063.95, "trend": 3.34221, "fair_value": 3.533234, "relative_strength": -1.881381, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.36454, "energy": 12.234222, "activity_lines": [ 3.307332, 3.317571, 3.292201, 3.303348 ] }, { "date": "2024-04-05", "close": 3.321411, "volume": 60629661, "typical_volume": 108963971.45, "trend": 3.33325, "fair_value": 3.525285, "relative_strength": -0.936147, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.787216, "energy": 11.113581, "activity_lines": [ 3.306692, 3.319666, 3.296041, 3.302006 ] }, { "date": "2024-04-12", "close": 3.283014, "volume": 98135698, "typical_volume": 109712536.15, "trend": 3.325891, "fair_value": 3.51806, "relative_strength": -0.695542, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.903321, "energy": 14.871744, "activity_lines": [ 3.295813, 3.31251, 3.296224, 3.298765 ] }, { "date": "2024-04-19", "close": 3.455804, "volume": 176768983, "typical_volume": 114565717.95, "trend": 3.325891, "fair_value": 3.511996, "relative_strength": 2.621977, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.945579, "energy": 11.714514, "activity_lines": [ 3.34637, 3.339039, 3.312955, 3.307146 ] }, { "date": "2024-04-26", "close": 3.379008, "volume": 112014389, "typical_volume": 116634150.35, "trend": 3.321091, "fair_value": 3.50544, "relative_strength": -0.676372, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.828875, "energy": 19.156639, "activity_lines": [ 3.364289, 3.346021, 3.321731, 3.310573 ] }, { "date": "2024-05-03", "close": 3.436604, "volume": 69752623, "typical_volume": 117041932.4, "trend": 3.316931, "fair_value": 3.499576, "relative_strength": 0.259747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.355259, "energy": 43.16867, "activity_lines": [ 3.396927, 3.362602, 3.33549, 3.318026 ] }, { "date": "2024-05-10", "close": 3.427005, "volume": 112264272, "typical_volume": 119616324.95, "trend": 3.313732, "fair_value": 3.494405, "relative_strength": -1.745243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.043016, "energy": 53.368714, "activity_lines": [ 3.414206, 3.376739, 3.347193, 3.325127 ] }, { "date": "2024-05-17", "close": 3.542199, "volume": 165278417, "typical_volume": 124947973.8, "trend": 3.317251, "fair_value": 3.490241, "relative_strength": 1.451803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.021936, "energy": 67.021728, "activity_lines": [ 3.462843, 3.410599, 3.368997, 3.339867 ] }, { "date": "2024-05-24", "close": 3.494202, "volume": 170546065, "typical_volume": 130190181.95, "trend": 3.321731, "fair_value": 3.485985, "relative_strength": 2.20043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.956353, "energy": 66.340947, "activity_lines": [ 3.478202, 3.432067, 3.384448, 3.351283 ] }, { "date": "2024-05-31", "close": 3.427005, "volume": 122269118, "typical_volume": 132485351.95, "trend": 3.323651, "fair_value": 3.481836, "relative_strength": 0.265938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.723586, "energy": 60.443222, "activity_lines": [ 3.468603, 3.438699, 3.392082, 3.358075 ] }, { "date": "2024-06-07", "close": 3.273414, "volume": 120470395, "typical_volume": 134620485.4, "trend": 3.322051, "fair_value": 3.476057, "relative_strength": -3.082067, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.696765, "energy": 18.816565, "activity_lines": [ 3.404607, 3.415311, 3.384311, 3.354834 ] }, { "date": "2024-06-14", "close": 3.16782, "volume": 78582209, "typical_volume": 133137509.35, "trend": 3.316931, "fair_value": 3.469332, "relative_strength": -5.54695, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -18.129668, "energy": 20.364397, "activity_lines": [ 3.316292, 3.372376, 3.3663, 3.344883 ] }, { "date": "2024-06-21", "close": 3.158221, "volume": 81115130, "typical_volume": 128317323.0, "trend": 3.312132, "fair_value": 3.462814, "relative_strength": -4.669982, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -31.25504, "energy": 36.099756, "activity_lines": [ 3.242056, 3.330487, 3.347513, 3.334644 ] }, { "date": "2024-06-28", "close": 3.139022, "volume": 82766711, "typical_volume": 123958080.9, "trend": 3.306052, "fair_value": 3.455797, "relative_strength": -4.284247, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.282553, "energy": 44.529373, "activity_lines": [ 3.187019, 3.287377, 3.328085, 3.323476 ] }, { "date": "2024-07-05", "close": 3.16782, "volume": 63620217, "typical_volume": 117540496.25, "trend": 3.302532, "fair_value": 3.449448, "relative_strength": -2.893631, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.745051, "energy": 59.775572, "activity_lines": [ 3.16526, 3.255262, 3.311446, 3.314557 ] }, { "date": "2024-07-12", "close": 3.119823, "volume": 85378055, "typical_volume": 114248796.65, "trend": 3.299972, "fair_value": 3.442631, "relative_strength": -5.043783, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.875942, "energy": 60.489018, "activity_lines": [ 3.144782, 3.218261, 3.291013, 3.30277 ] }, { "date": "2024-07-19", "close": 3.119823, "volume": 70551214, "typical_volume": 104614183.5, "trend": 3.295813, "fair_value": 3.436205, "relative_strength": -5.361621, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.783369, "energy": 66.145638, "activity_lines": [ 3.134542, 3.187019, 3.271906, 3.291147 ] }, { "date": "2024-07-26", "close": 3.071826, "volume": 75871132, "typical_volume": 101981931.2, "trend": 3.292613, "fair_value": 3.429248, "relative_strength": -3.858147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.961441, "energy": 65.213558, "activity_lines": [ 3.111504, 3.152636, 3.24937, 3.276696 ] }, { "date": "2024-08-02", "close": 3.163585, "volume": 72769001, "typical_volume": 99957360.95, "trend": 3.291512, "fair_value": 3.423551, "relative_strength": -1.464525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.061896, "energy": 47.30783, "activity_lines": [ 3.124811, 3.143488, 3.236853, 3.268372 ] }, { "date": "2024-08-09", "close": 3.105, "volume": 65226308, "typical_volume": 98604938.1, "trend": 3.286218, "fair_value": 3.41759, "relative_strength": -1.732314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.334236, "energy": 43.997418, "activity_lines": [ 3.116952, 3.1297, 3.219645, 3.256339 ] }, { "date": "2024-08-16", "close": 3.173349, "volume": 52184533, "typical_volume": 96809706.55, "trend": 3.284162, "fair_value": 3.412067, "relative_strength": -0.066126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.611778, "energy": 34.502546, "activity_lines": [ 3.136065, 3.134193, 3.209932, 3.249057 ] }, { "date": "2024-08-23", "close": 3.163585, "volume": 68296772, "typical_volume": 97193062.1, "trend": 3.283061, "fair_value": 3.406986, "relative_strength": 0.542171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.556766, "energy": 26.56202, "activity_lines": [ 3.148354, 3.13873, 3.199673, 3.241278 ] }, { "date": "2024-08-30", "close": 3.085472, "volume": 80583063, "typical_volume": 96315430.35, "trend": 3.272317, "fair_value": 3.402635, "relative_strength": -1.411311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.191069, "energy": 32.012671, "activity_lines": [ 3.131689, 3.129143, 3.182727, 3.22853 ] }, { "date": "2024-09-06", "close": 2.98783, "volume": 79800228, "typical_volume": 91466992.6, "trend": 3.266957, "fair_value": 3.397435, "relative_strength": -1.736922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.641911, "energy": 47.911705, "activity_lines": [ 3.081566, 3.103124, 3.157422, 3.210176 ] }, { "date": "2024-09-13", "close": 2.880424, "volume": 66454731, "typical_volume": 89189009.7, "trend": 3.251938, "fair_value": 3.391322, "relative_strength": -3.017174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.701979, "energy": 80.343778, "activity_lines": [ 3.007358, 3.060327, 3.124117, 3.185239 ] }, { "date": "2024-09-20", "close": 2.890189, "volume": 37076396, "typical_volume": 87555198.35, "trend": 3.235004, "fair_value": 3.385496, "relative_strength": -3.763048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.587094, "energy": 85.65135, "activity_lines": [ 2.951377, 3.02453, 3.094116, 3.1619 ] }, { "date": "2024-09-27", "close": 3.33934, "volume": 161529681, "typical_volume": 90018468.8, "trend": 3.234321, "fair_value": 3.382493, "relative_strength": -1.354059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.300279, "energy": 30.341157, "activity_lines": [ 3.063991, 3.074572, 3.109493, 3.168631 ] }, { "date": "2024-10-04", "close": 3.6225, "volume": 78608966, "typical_volume": 85684996.25, "trend": 3.243718, "fair_value": 3.380745, "relative_strength": -0.885396, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.884042, "energy": 29.129021, "activity_lines": [ 3.259274, 3.172106, 3.152255, 3.193675 ] }, { "date": "2024-10-11", "close": 3.417453, "volume": 238836740, "typical_volume": 89099530.0, "trend": 3.245959, "fair_value": 3.376787, "relative_strength": -2.924383, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.446112, "energy": 35.517789, "activity_lines": [ 3.350406, 3.222347, 3.175106, 3.204884 ] }, { "date": "2024-10-18", "close": 3.544387, "volume": 231698754, "typical_volume": 94571011.8, "trend": 3.253712, "fair_value": 3.374595, "relative_strength": -0.625891, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.347621, "energy": 45.037928, "activity_lines": [ 3.455208, 3.291052, 3.210412, 3.224137 ] }, { "date": "2024-10-25", "close": 3.534622, "volume": 118400116, "typical_volume": 94467497.85, "trend": 3.263059, "fair_value": 3.372564, "relative_strength": -1.950037, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.369659, "energy": 64.917764, "activity_lines": [ 3.51249, 3.349991, 3.244229, 3.242261 ] }, { "date": "2024-11-01", "close": 3.524858, "volume": 121195338, "typical_volume": 96598154.3, "trend": 3.26984, "fair_value": 3.370582, "relative_strength": -1.325372, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.351407, "energy": 61.871148, "activity_lines": [ 3.523556, 3.400587, 3.275873, 3.259151 ] }, { "date": "2024-11-08", "close": 3.700613, "volume": 192159011, "typical_volume": 102150348.35, "trend": 3.28376, "fair_value": 3.369391, "relative_strength": -1.773688, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.933902, "energy": 72.649087, "activity_lines": [ 3.580839, 3.47657, 3.322554, 3.286943 ] }, { "date": "2024-11-15", "close": 3.573679, "volume": 155014078, "typical_volume": 105762716.7, "trend": 3.287689, "fair_value": 3.367218, "relative_strength": -1.646001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.703825, "energy": 52.459401, "activity_lines": [ 3.590603, 3.51829, 3.354564, 3.305647 ] }, { "date": "2024-11-22", "close": 3.50533, "volume": 245743353, "typical_volume": 114868873.5, "trend": 3.2919, "fair_value": 3.364775, "relative_strength": -1.636748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.762191, "energy": 42.663433, "activity_lines": [ 3.56717, 3.53693, 3.377994, 3.319689 ] }, { "date": "2024-11-29", "close": 3.593208, "volume": 115223990, "typical_volume": 116361170.25, "trend": 3.29712, "fair_value": 3.363512, "relative_strength": -0.946165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.850413, "energy": 41.786135, "activity_lines": [ 3.575632, 3.560187, 3.408187, 3.339128 ] }, { "date": "2024-12-06", "close": 3.681085, "volume": 102695586, "typical_volume": 117968388.85, "trend": 3.305589, "fair_value": 3.363259, "relative_strength": -0.84037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.094696, "energy": 41.42842, "activity_lines": [ 3.609481, 3.586639, 3.444495, 3.3639 ] }, { "date": "2024-12-13", "close": 3.651793, "volume": 150036695, "typical_volume": 121676667.0, "trend": 3.309243, "fair_value": 3.362651, "relative_strength": -1.275952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.062243, "energy": 38.549376, "activity_lines": [ 3.623151, 3.601552, 3.47534, 3.386235 ] }, { "date": "2024-12-20", "close": 3.544387, "volume": 104680656, "typical_volume": 123272249.75, "trend": 3.310915, "fair_value": 3.361242, "relative_strength": -3.416584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.334329, "energy": 34.36815, "activity_lines": [ 3.604274, 3.596403, 3.493195, 3.401406 ] }, { "date": "2024-12-27", "close": 3.602972, "volume": 112788082, "typical_volume": 125650338.45, "trend": 3.316781, "fair_value": 3.360433, "relative_strength": -2.699631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.37877, "energy": 34.704581, "activity_lines": [ 3.606878, 3.599599, 3.514815, 3.420248 ] }, { "date": "2025-01-03", "close": 3.368632, "volume": 114138907, "typical_volume": 128748057.15, "trend": 3.319955, "fair_value": 3.358065, "relative_strength": -3.638868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.689409, "energy": 16.332921, "activity_lines": [ 3.524859, 3.559122, 3.511747, 3.423594 ] }, { "date": "2025-01-10", "close": 3.300283, "volume": 79884177, "typical_volume": 129327427.4, "trend": 3.32437, "fair_value": 3.355148, "relative_strength": -4.192661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.376341, "energy": 15.911745, "activity_lines": [ 3.435028, 3.509236, 3.501239, 3.422324 ] }, { "date": "2025-01-17", "close": 3.378396, "volume": 86812148, "typical_volume": 129638881.65, "trend": 3.33171, "fair_value": 3.352731, "relative_strength": -4.006028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.918696, "energy": 18.187453, "activity_lines": [ 3.396623, 3.477636, 3.497519, 3.42581 ] }, { "date": "2025-01-24", "close": 3.378396, "volume": 89831410, "typical_volume": 130140440.75, "trend": 3.339689, "fair_value": 3.350146, "relative_strength": -4.172186, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.776176, "energy": 20.720088, "activity_lines": [ 3.376443, 3.451894, 3.492404, 3.428822 ] }, { "date": "2025-01-31", "close": 3.427217, "volume": 19841678, "typical_volume": 127809788.1, "trend": 3.348335, "fair_value": 3.348043, "relative_strength": -2.525098, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.917551, "energy": 17.323866, "activity_lines": [ 3.383604, 3.438579, 3.49008, 3.434469 ] }, { "date": "2025-02-07", "close": 3.456509, "volume": 57388941, "typical_volume": 128825415.35, "trend": 3.359558, "fair_value": 3.345735, "relative_strength": -3.086701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.425918, "energy": 10.94485, "activity_lines": [ 3.412245, 3.43201, 3.487941, 3.441448 ] }, { "date": "2025-02-14", "close": 3.485802, "volume": 85827197, "typical_volume": 125040291.15, "trend": 3.371757, "fair_value": 3.343838, "relative_strength": -3.314852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.482529, "energy": 11.202226, "activity_lines": [ 3.444792, 3.433253, 3.485895, 3.449593 ] }, { "date": "2025-02-21", "close": 3.446745, "volume": 98813370, "typical_volume": 126050511.35, "trend": 3.384255, "fair_value": 3.3413, "relative_strength": -5.126726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.205908, "energy": 14.942834, "activity_lines": [ 3.451953, 3.430945, 3.479432, 3.454431 ] }, { "date": "2025-02-28", "close": 3.368632, "volume": 78690324, "typical_volume": 118043190.55, "trend": 3.39109, "fair_value": 3.33938, "relative_strength": -5.489813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.076332, "energy": 8.749386, "activity_lines": [ 3.428519, 3.418163, 3.466367, 3.453423 ] }, { "date": "2025-03-07", "close": 3.378396, "volume": 87165119, "typical_volume": 110816508.8, "trend": 3.400203, "fair_value": 3.336404, "relative_strength": -6.508345, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.989528, "energy": 6.697668, "activity_lines": [ 3.40899, 3.410351, 3.454464, 3.452604 ] }, { "date": "2025-03-14", "close": 3.417453, "volume": 69269998, "typical_volume": 108360002.9, "trend": 3.40834, "fair_value": 3.334013, "relative_strength": -6.564496, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.669434, "energy": 17.308275, "activity_lines": [ 3.405736, 3.413725, 3.447071, 3.453717 ] }, { "date": "2025-03-21", "close": 3.456509, "volume": 76436423, "typical_volume": 106122057.15, "trend": 3.418104, "fair_value": 3.332601, "relative_strength": -3.85703, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.14699, "energy": 13.749413, "activity_lines": [ 3.418104, 3.423311, 3.443955, 3.456824 ] }, { "date": "2025-03-28", "close": 3.436981, "volume": 81103020, "typical_volume": 100569257.6, "trend": 3.429821, "fair_value": 3.330616, "relative_strength": -3.937486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.536181, "energy": 8.888395, "activity_lines": [ 3.425915, 3.426507, 3.439306, 3.458042 ] }, { "date": "2025-04-04", "close": 3.485802, "volume": 75194106, "typical_volume": 96578259.0, "trend": 3.44642, "fair_value": 3.330455, "relative_strength": -2.232989, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.34921, "energy": 8.655639, "activity_lines": [ 3.450651, 3.437514, 3.440561, 3.461654 ] }, { "date": "2025-04-11", "close": 3.241698, "volume": 151788634, "typical_volume": 91880523.05, "trend": 3.458462, "fair_value": 3.329625, "relative_strength": -6.019494, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.850037, "energy": 39.130718, "activity_lines": [ 3.386207, 3.402185, 3.418987, 3.448446 ] }, { "date": "2025-04-18", "close": 3.33934, "volume": 87004323, "typical_volume": 90469539.7, "trend": 3.473434, "fair_value": 3.32959, "relative_strength": -4.13888, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.000597, "energy": 47.407003, "activity_lines": [ 3.363425, 3.387983, 3.407968, 3.440761 ] }, { "date": "2025-04-25", "close": 3.378396, "volume": 84693072, "typical_volume": 89569414.0, "trend": 3.474736, "fair_value": 3.328572, "relative_strength": -3.437178, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.68572, "energy": 48.801359, "activity_lines": [ 3.358868, 3.383012, 3.401877, 3.434629 ] }, { "date": "2025-05-02", "close": 3.378396, "volume": 56345410, "typical_volume": 84884849.75, "trend": 3.466599, "fair_value": 3.327163, "relative_strength": -2.830413, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.280205, "energy": 50.019405, "activity_lines": [ 3.359519, 3.379994, 3.397227, 3.428414 ] }, { "date": "2025-05-09", "close": 3.573679, "volume": 129347146, "typical_volume": 86118174.25, "trend": 3.471807, "fair_value": 3.327398, "relative_strength": 0.880873, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.276803, "energy": 5.273804, "activity_lines": [ 3.42917, 3.413725, 3.412478, 3.435322 ] }, { "date": "2025-05-16", "close": 3.6225, "volume": 174038823, "typical_volume": 89180711.3, "trend": 3.47441, "fair_value": 3.329009, "relative_strength": 1.573039, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.046051, "energy": 26.49452, "activity_lines": [ 3.509236, 3.452604, 3.432238, 3.445044 ] }, { "date": "2025-05-23", "close": 3.661557, "volume": 147759790, "typical_volume": 90861755.45, "trend": 3.478641, "fair_value": 3.331767, "relative_strength": 3.324224, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.42145, "energy": 41.635171, "activity_lines": [ 3.576934, 3.494146, 3.455626, 3.457118 ] }, { "date": "2025-05-30", "close": 3.690849, "volume": 117482674, "typical_volume": 92741680.3, "trend": 3.484174, "fair_value": 3.335272, "relative_strength": 4.192795, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.869823, "energy": 61.292354, "activity_lines": [ 3.632915, 3.536575, 3.480408, 3.470809 ] }, { "date": "2025-06-06", "close": 3.759198, "volume": 148550233, "typical_volume": 95828584.55, "trend": 3.486127, "fair_value": 3.338599, "relative_strength": 4.863429, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.045419, "energy": 77.272398, "activity_lines": [ 3.690849, 3.587172, 3.50984, 3.488553 ] }, { "date": "2025-06-13", "close": 3.827547, "volume": 172824948, "typical_volume": 99978261.45, "trend": 3.49459, "fair_value": 3.34242, "relative_strength": 6.861999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.846582, "energy": 78.307789, "activity_lines": [ 3.746179, 3.644336, 3.543968, 3.51058 ] }, { "date": "2025-06-20", "close": 3.876368, "volume": 164632114, "typical_volume": 107217783.25, "trend": 3.506958, "fair_value": 3.346779, "relative_strength": 8.578379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.658136, "energy": 79.219708, "activity_lines": [ 3.800858, 3.704164, 3.580607, 3.535211 ] }, { "date": "2025-06-27", "close": 3.866604, "volume": 222116503, "typical_volume": 115454161.35, "trend": 3.516071, "fair_value": 3.350739, "relative_strength": 6.133065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.054772, "energy": 71.377825, "activity_lines": [ 3.835359, 3.750677, 3.614177, 3.558414 ] }, { "date": "2025-07-04", "close": 3.964245, "volume": 154112378, "typical_volume": 118868420.4, "trend": 3.525509, "fair_value": 3.353981, "relative_strength": 7.174744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.267395, "energy": 70.268598, "activity_lines": [ 3.888736, 3.805356, 3.655094, 3.587328 ] }, { "date": "2025-07-11", "close": 4.09, "volume": 181825582, "typical_volume": 123019031.0, "trend": 3.540116, "fair_value": 3.358029, "relative_strength": 9.155006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.389877, "energy": 81.850077, "activity_lines": [ 3.965805, 3.872248, 3.705708, 3.623747 ] }, { "date": "2025-07-18", "close": 4.09, "volume": 166978498, "typical_volume": 127433439.7, "trend": 3.558303, "fair_value": 3.362842, "relative_strength": 8.187905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.859711, "energy": 76.981371, "activity_lines": [ 4.020821, 3.926202, 3.75326, 3.659223 ] }, { "date": "2025-07-25", "close": 3.92, "volume": 149300532, "typical_volume": 130540210.35, "trend": 3.568871, "fair_value": 3.366623, "relative_strength": 1.93202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.657487, "energy": 61.063786, "activity_lines": [ 4.001673, 3.939858, 3.781186, 3.682558 ] }, { "date": "2025-08-01", "close": 3.84, "volume": 135043010, "typical_volume": 133828860.95, "trend": 3.584583, "fair_value": 3.370186, "relative_strength": 0.815618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.248732, "energy": 46.871726, "activity_lines": [ 3.95295, 3.933561, 3.798914, 3.700051 ] }, { "date": "2025-08-08", "close": 3.9, "volume": 131721019, "typical_volume": 136593090.75, "trend": 3.604574, "fair_value": 3.37484, "relative_strength": 0.294948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.293507, "energy": 34.808899, "activity_lines": [ 3.926, 3.934928, 3.820344, 3.7204 ] }, { "date": "2025-08-15", "close": 3.8, "volume": 109957781, "typical_volume": 138035828.8, "trend": 3.618627, "fair_value": 3.37844, "relative_strength": -3.777967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.648191, "energy": 22.871296, "activity_lines": [ 3.87, 3.91431, 3.830139, 3.733008 ] }, { "date": "2025-08-22", "close": 3.88, "volume": 131666825, "typical_volume": 140859464.75, "trend": 3.635347, "fair_value": 3.382436, "relative_strength": -4.90355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.246077, "energy": 21.961569, "activity_lines": [ 3.86, 3.907497, 3.845824, 3.749871 ] }, { "date": "2025-08-29", "close": 4.18, "volume": 261521669, "typical_volume": 146346116.5, "trend": 3.66044, "fair_value": 3.389002, "relative_strength": 1.598886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.026295, "energy": 40.143717, "activity_lines": [ 3.964, 3.954274, 3.888203, 3.78501 ] }, { "date": "2025-09-05", "close": 4.08, "volume": 455584106, "typical_volume": 164775105.65, "trend": 3.681223, "fair_value": 3.394397, "relative_strength": 0.367848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.340583, "energy": 40.503252, "activity_lines": [ 4.017333, 3.97735, 3.91659, 3.812078 ] }, { "date": "2025-09-12", "close": 4.27, "volume": 347734972, "typical_volume": 177927200.65, "trend": 3.707363, "fair_value": 3.401128, "relative_strength": 3.39471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.977135, "energy": 59.025507, "activity_lines": [ 4.118, 4.031091, 3.959546, 3.850064 ] }, { "date": "2025-09-19", "close": 4.03, "volume": 224229561, "typical_volume": 186321408.2, "trend": 3.726805, "fair_value": 3.406439, "relative_strength": -1.12452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.293178, "energy": 50.306462, "activity_lines": [ 4.114, 4.035636, 3.975398, 3.870879 ] }, { "date": "2025-09-26", "close": 3.96, "volume": 157946988, "typical_volume": 187751400.3, "trend": 3.746517, "fair_value": 3.411124, "relative_strength": -2.963045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.302546, "energy": 36.858276, "activity_lines": [ 4.071333, 4.028545, 3.981481, 3.885924 ] }, { "date": "2025-10-03", "close": 3.89, "volume": 53761359, "typical_volume": 181737527.1, "trend": 3.763571, "fair_value": 3.415007, "relative_strength": -5.878129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.837151, "energy": 22.677732, "activity_lines": [ 4.0, 4.011091, 3.979058, 3.895181 ] }, { "date": "2025-10-10", "close": 3.92, "volume": 55883858, "typical_volume": 177143730.5, "trend": 3.780322, "fair_value": 3.419789, "relative_strength": -5.403099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.402595, "energy": 18.032018, "activity_lines": [ 3.958, 3.999636, 3.978218, 3.905273 ] }, { "date": "2025-10-17", "close": 4.02, "volume": 206881467, "typical_volume": 181613670.15, "trend": 3.799105, "fair_value": 3.425329, "relative_strength": -1.472055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.304646, "energy": 18.101075, "activity_lines": [ 3.96, 4.004909, 3.985672, 3.920736 ] }, { "date": "2025-10-24", "close": 4.11, "volume": 199782908, "typical_volume": 184175303.9, "trend": 3.821539, "fair_value": 3.432034, "relative_strength": -2.030878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.954708, "energy": 17.817229, "activity_lines": [ 4.008667, 4.024364, 4.000129, 3.940794 ] }, { "date": "2025-10-31", "close": 3.89, "volume": 230638143, "typical_volume": 187065963.65, "trend": 3.835013, "fair_value": 3.437035, "relative_strength": -7.222612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.359508, "energy": 11.069521, "activity_lines": [ 3.978667, 3.998182, 3.991963, 3.945211 ] }, { "date": "2025-11-07", "close": 3.97, "volume": 178608285, "typical_volume": 187764772.2, "trend": 3.859289, "fair_value": 3.442725, "relative_strength": -6.193421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.899066, "energy": 10.608439, "activity_lines": [ 3.98, 3.986364, 3.991119, 3.95392 ] }, { "date": "2025-11-14", "close": 4.11, "volume": 159722766, "typical_volume": 184645085.35, "trend": 3.884978, "fair_value": 3.450194, "relative_strength": -2.637428, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.155717, "energy": 23.849639, "activity_lines": [ 4.022667, 4.003818, 4.003163, 3.970094 ] }, { "date": "2025-11-21", "close": 3.89, "volume": 135140222, "typical_volume": 183696477.55, "trend": 3.902031, "fair_value": 3.455724, "relative_strength": -4.007906, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.722106, "energy": 6.113354, "activity_lines": [ 3.979333, 3.980727, 3.993095, 3.970418 ] }, { "date": "2025-11-28", "close": 3.83, "volume": 122696240, "typical_volume": 180740010.45, "trend": 3.917085, "fair_value": 3.460282, "relative_strength": -6.631928, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.608972, "energy": 6.764597, "activity_lines": [ 3.924667, 3.953636, 3.977667, 3.965771 ] }, { "date": "2025-12-05", "close": 3.79, "volume": 139718070, "typical_volume": 179376989.05, "trend": 3.924296, "fair_value": 3.464524, "relative_strength": -7.758057, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.469079, "energy": 27.208672, "activity_lines": [ 3.875333, 3.922909, 3.959667, 3.957572 ] }, { "date": "2025-12-12", "close": 3.72, "volume": 139186508, "typical_volume": 178871287.85, "trend": 3.927546, "fair_value": 3.46767, "relative_strength": -8.948486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.322484, "energy": 51.090573, "activity_lines": [ 3.809333, 3.882545, 3.936429, 3.944392 ] }, { "date": "2025-12-19", "close": 3.81, "volume": 127600461, "typical_volume": 178499160.4, "trend": 3.932494, "fair_value": 3.471453, "relative_strength": -6.647237, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.184266, "energy": 50.958843, "activity_lines": [ 3.79, 3.861636, 3.922714, 3.936808 ] }, { "date": "2025-12-26", "close": 3.74, "volume": 77298271, "typical_volume": 175778023.0, "trend": 3.934132, "fair_value": 3.474551, "relative_strength": -9.863618, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.493169, "energy": 63.26853, "activity_lines": [ 3.767333, 3.83, 3.902476, 3.924389 ] }, { "date": "2026-01-02", "close": 3.7, "volume": 53829368, "typical_volume": 172971602.35, "trend": 3.932159, "fair_value": 3.477275, "relative_strength": -10.75229, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.147034, "energy": 64.116883, "activity_lines": [ 3.741333, 3.796182, 3.87919, 3.909284 ] }, { "date": "2026-01-09", "close": 3.73, "volume": 83226177, "typical_volume": 170549569.95, "trend": 3.928907, "fair_value": 3.481251, "relative_strength": -13.120535, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.754406, "energy": 52.106772, "activity_lines": [ 3.734, 3.775273, 3.859238, 3.896242 ] }, { "date": "2026-01-16", "close": 3.64, "volume": 152111203, "typical_volume": 165079046.65, "trend": 3.921028, "fair_value": 3.483884, "relative_strength": -14.590258, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.498162, "energy": 58.881958, "activity_lines": [ 3.700667, 3.740909, 3.831429, 3.877602 ] }, { "date": "2026-01-23", "close": 3.69, "volume": 98588548, "typical_volume": 147229268.75, "trend": 3.915141, "fair_value": 3.487015, "relative_strength": -13.900502, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.688445, "energy": 54.759784, "activity_lines": [ 3.689333, 3.721636, 3.810952, 3.862697 ] }, { "date": "2026-01-30", "close": 3.75, "volume": 133847729, "typical_volume": 136534906.6, "trend": 3.908, "fair_value": 3.490707, "relative_strength": -11.878457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.289146, "energy": 45.37554, "activity_lines": [ 3.706, 3.720909, 3.798048, 3.852043 ] }, { "date": "2026-02-06", "close": 3.88, "volume": 166742003, "typical_volume": 133660528.7, "trend": 3.901, "fair_value": 3.494938, "relative_strength": -7.490984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.864037, "energy": 23.487013, "activity_lines": [ 3.765333, 3.746364, 3.8, 3.850237 ] }, { "date": "2026-02-13", "close": 3.74, "volume": 160540053, "typical_volume": 133790181.95, "trend": 3.889333, "fair_value": 3.498389, "relative_strength": -10.981139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.547396, "energy": 19.381655, "activity_lines": [ 3.766, 3.745455, 3.789333, 3.839849 ] }, { "date": "2026-02-27", "close": 3.75, "volume": 113827224, "typical_volume": 136793475.2, "trend": 3.883667, "fair_value": 3.501728, "relative_strength": -12.280368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.078974, "energy": 19.3832, "activity_lines": [ 3.769333, 3.747273, 3.780667, 3.83086 ] }, { "date": "2026-03-06", "close": 3.69, "volume": 173736516, "typical_volume": 142686108.1, "trend": 3.878667, "fair_value": 3.505094, "relative_strength": -12.678533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.748782, "energy": 20.50752, "activity_lines": [ 3.745333, 3.737636, 3.766952, 3.818366 ] }, { "date": "2026-03-13", "close": 3.75, "volume": 141845888, "typical_volume": 139434329.15, "trend": 3.873667, "fair_value": 3.508197, "relative_strength": -10.491181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.692877, "energy": 23.25162, "activity_lines": [ 3.741333, 3.741091, 3.760048, 3.810065 ] }, { "date": "2026-03-20", "close": 3.63, "volume": 131172928, "typical_volume": 136003830.15, "trend": 3.868, "fair_value": 3.510061, "relative_strength": -10.186629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.516443, "energy": 39.6042, "activity_lines": [ 3.697333, 3.722545, 3.743, 3.794344 ] }, { "date": "2026-03-27", "close": 3.62, "volume": 157968730, "typical_volume": 132370359.5, "trend": 3.859333, "fair_value": 3.512155, "relative_strength": -9.267712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.361754, "energy": 47.347278, "activity_lines": [ 3.666667, 3.703455, 3.727286, 3.778344 ] }, { "date": "2026-04-03", "close": 3.54, "volume": 88064409, "typical_volume": 127843165.7, "trend": 3.838, "fair_value": 3.513972, "relative_strength": -10.312334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.709646, "energy": 59.22425, "activity_lines": [ 3.617333, 3.671818, 3.705238, 3.757742 ] }, { "date": "2026-04-10", "close": 3.61, "volume": 66026788, "typical_volume": 123158366.8, "trend": 3.822333, "fair_value": 3.516413, "relative_strength": -10.742026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.509411, "energy": 57.340879, "activity_lines": [ 3.605333, 3.654727, 3.691905, 3.743032 ] }, { "date": "2026-04-17", "close": 3.62, "volume": 70431707, "typical_volume": 119922941.05, "trend": 3.800667, "fair_value": 3.519566, "relative_strength": -11.755289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.971286, "energy": 45.399864, "activity_lines": [ 3.602, 3.640909, 3.681905, 3.729978 ] }, { "date": "2026-04-24", "close": 3.74, "volume": 160023581, "typical_volume": 121789308.1, "trend": 3.791, "fair_value": 3.523605, "relative_strength": -9.289904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.115181, "energy": 28.028872, "activity_lines": [ 3.647333, 3.651273, 3.684619, 3.726065 ] }, { "date": "2026-05-01", "close": 3.69, "volume": 111165559, "typical_volume": 120361682.55, "trend": 3.782, "fair_value": 3.52703, "relative_strength": -10.987965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.157699, "energy": 16.301795, "activity_lines": [ 3.668667, 3.655091, 3.683, 3.719548 ] }, { "date": "2026-05-08", "close": 3.63, "volume": 73828423, "typical_volume": 117093778.3, "trend": 3.773333, "fair_value": 3.529658, "relative_strength": -13.588683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.031148, "energy": 15.863843, "activity_lines": [ 3.665333, 3.648909, 3.676143, 3.709742 ] }, { "date": "2026-05-15", "close": 3.54, "volume": 125011833, "typical_volume": 116964346.9, "trend": 3.760667, "fair_value": 3.531063, "relative_strength": -14.473937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.682841, "energy": 26.65866, "activity_lines": [ 3.626, 3.628545, 3.661143, 3.694688 ] }, { "date": "2026-05-22", "close": 3.56, "volume": 114645552, "typical_volume": 118831710.95, "trend": 3.745333, "fair_value": 3.531361, "relative_strength": -13.169797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.974892, "energy": 37.443157, "activity_lines": [ 3.598, 3.614545, 3.649333, 3.681742 ] }, { "date": "2026-05-29", "close": 3.51, "volume": 100377965, "typical_volume": 121159140.8, "trend": 3.725333, "fair_value": 3.529986, "relative_strength": -13.069442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.880496, "energy": 53.856612, "activity_lines": [ 3.557333, 3.594909, 3.633619, 3.666559 ] }, { "date": "2026-06-05", "close": 3.41885, "volume": 21115459, "typical_volume": 118053604.9, "trend": 3.709628, "fair_value": 3.528967, "relative_strength": -14.04586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.270593, "energy": 68.338928, "activity_lines": [ 3.501617, 3.560882, 3.610129, 3.646786 ] }, { "date": "2026-06-12", "close": 3.496552, "volume": 40768113, "typical_volume": 112486450.4, "trend": 3.693847, "fair_value": 3.528917, "relative_strength": -11.756906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.0658, "energy": 61.827591, "activity_lines": [ 3.489877, 3.544639, 3.59552, 3.633039 ] }, { "date": "2026-06-19", "close": 3.292586, "volume": 111784479, "typical_volume": 113146246.95, "trend": 3.6666, "fair_value": 3.527325, "relative_strength": -17.572563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.653981, "energy": 75.673829, "activity_lines": [ 3.419046, 3.492102, 3.562169, 3.607151 ] }, { "date": "2026-06-26", "close": 3.253736, "volume": 26976362, "typical_volume": 107802678.6, "trend": 3.645391, "fair_value": 3.525365, "relative_strength": -16.699305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.645682, "energy": 82.651268, "activity_lines": [ 3.351759, 3.438273, 3.527011, 3.580515 ] }, { "date": "2026-07-03", "close": 3.34115, "volume": 22251698, "typical_volume": 100578163.35, "trend": 3.629096, "fair_value": 3.52479, "relative_strength": -14.293061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.894193, "energy": 75.405902, "activity_lines": [ 3.334027, 3.406996, 3.502541, 3.560887 ] }, { "date": "2026-07-10", "close": 3.43, "volume": 137598101, "typical_volume": 99431065.75, "trend": 3.617096, "fair_value": 3.525486, "relative_strength": -10.462395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.171664, "energy": 65.086917, "activity_lines": [ 3.357169, 3.399125, 3.489098, 3.548042 ] }, { "date": "2026-07-17", "close": 3.57, "volume": 134816625, "typical_volume": 100480535.8, "trend": 3.612096, "fair_value": 3.52671, "relative_strength": -0.631713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.151036, "energy": 29.884285, "activity_lines": [ 3.426234, 3.421437, 3.490466, 3.545003 ] }, { "date": "2026-07-24", "close": 3.53, "volume": 134348124, "typical_volume": 98511116.2, "trend": 3.602762, "fair_value": 3.527493, "relative_strength": -2.579442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.788691, "energy": 20.490881, "activity_lines": [ 3.477069, 3.437566, 3.48888, 3.539707 ] }, { "date": "2026-07-31", "close": 3.67, "volume": 123404578, "typical_volume": 97589050.7, "trend": 3.600429, "fair_value": 3.528805, "relative_strength": 1.079294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.84714, "energy": 18.814126, "activity_lines": [ 3.558743, 3.479332, 3.501391, 3.544045 ] }, { "date": "2026-08-07", "close": 3.53, "volume": 127105364, "typical_volume": 97385672.5, "trend": 3.594762, "fair_value": 3.529157, "relative_strength": -5.083971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.004281, "energy": 22.940012, "activity_lines": [ 3.566, 3.493644, 3.500948, 3.539501 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }